Tag: European Union
EU: Google attempted to settle the Android antitrust case in 2017
The European Union hit Google with a second large fine. The new US$5 billion penalty is almost double the US$2.8 billion punishment Google received...
EU: Google to appeal antitrust ruling
Google said Thursday it will appeal the astronomical US$5 billion fine levied against it by the European Union for violating antitrust laws with its...
EU: Competition chief holds threat of breaking up Google
The EU’s antitrust head Margrethe Vestager won’t rule out breaking up Google, saying the EU has “grave suspicions” about its dominance in Internet search.
Reuters,...
EU: Visa fights antitrust charges
Visa is fighting back against accusations that it charges tourists excessive fees when they use their cards in the European Union.
According to Reuters, Visa...
EU: UPS sues EC over decision to block TNT acquisition
US delivery giant UPS has launched court action against the European Union's antitrust regulator for blocking a merger with Dutch firm TNT and is...
EU: Lufthansa’s offers over Air Berlin land short of runway
Deutsche Lufthansa has to do more to allay European Union concerns about its takeover of most of Air Berlin after offering concessions that won’t...
EU: Apple, Ireland reach escrow agreement over €13b in taxes
Ireland has struck a deal with Apple to collect up to €13 billion (US$15 billion) in back taxes and hold it in an escrow...
EU: New EC rules could enable banks to increase their software...
With FinTechs eroding away traditional banks’ lead, rules governing investments in software in the European Union (EU) may loosen.
According to a news report in...
EU: Google starts to comply with EU antitrust order
Google has offered up plans and a glimpse of how it will seek to comply with antitrust directives from the European Union’s General Data...
EU: Merck, Sigma-Aldrich accused of misleading EU on merger
The European Commission has raised a formal objection to Merck KGaA’s US$17 billion acquisition of Sigma-Aldrich — a deal completed in November 2015 —...